AGNCP vs. IALT

Last updated Jun 5, 2026

AGNCP (AGNC Investment Corp. Series F Preferred Stock) is a stock, while IALT (iShares Systematic Alternatives Active ETF) is Multistrategy fund actively managed by iShares. At a 0.29 correlation, their price movements are largely independent.

Performance

AGNCP vs. IALT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AGNC Investment Corp. Series F Preferred Stock (AGNCP) and iShares Systematic Alternatives Active ETF (IALT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGNCP achieves a 4.63% return, which is significantly lower than IALT's 13.18% return.

AGNCP

• 1D: 0.02%
• 1M: 0.54%
• YTD: 4.63%
• 6M: 5.34%
• 1Y: 10.98%
• 3Y*: 14.87%
• 5Y*: 7.49%
• 10Y*: —

IALT

• 1D: 0.03%
• 1M: 2.07%
• YTD: 13.18%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGNCP vs. IALT - Yearly Performance Comparison

	2026 (YTD)	2025
AGNCP AGNC Investment Corp. Series F Preferred Stock	4.63%	0.42%
IALT iShares Systematic Alternatives Active ETF	13.18%	0.73%

Correlation

The correlation between AGNCP and IALT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.29

Return for Risk

AGNCP vs. IALT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGNCP

AGNCP Risk / Return Rank: 91
AGNCP Sharpe Ratio Rank: 92
AGNCP Sortino Ratio Rank: 94
AGNCP Omega Ratio Rank: 94
AGNCP Calmar Ratio Rank: 83
AGNCP Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGNCP vs. IALT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AGNC Investment Corp. Series F Preferred Stock (AGNCP) and iShares Systematic Alternatives Active ETF (IALT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AGNCP	IALT	Difference
Sharpe ratio: Return per unit of total volatility	2.45	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	3.04	—	—
Martin ratio: Return relative to average drawdown	14.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AGNCP	IALT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	4.27	-4.04

Drawdowns

AGNCP vs. IALT - Drawdown Comparison

The maximum AGNCP drawdown since its inception was -60.54%, which is greater than IALT's maximum drawdown of -1.47%. Use the drawdown chart below to compare losses from any high point for AGNCP and IALT.

Drawdown Indicators

	AGNCP	IALT	Difference
Max Drawdown Largest peak-to-trough decline	-60.54%	-1.47%	-59.07%
Max Drawdown (1Y) Largest decline over 1 year	-3.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.96%	—	—
Current Drawdown Current decline from peak	-0.54%	-0.03%	-0.51%
Average Drawdown Average peak-to-trough decline	-5.15%	-0.32%	-4.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	—	—

Volatility

Volatility by Period

	AGNCP	IALT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.99%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.50%	7.45%	-2.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.21%	7.45%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.86%	7.45%	+24.41%

Dividends

AGNCP vs. IALT - Dividend Comparison

AGNCP's dividend yield for the trailing twelve months is around 9.08%, more than IALT's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
AGNCP AGNC Investment Corp. Series F Preferred Stock	9.08%	8.65%	6.21%	7.04%	7.94%	6.06%	5.95%
IALT iShares Systematic Alternatives Active ETF	0.12%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGNCP and IALT in my portfolio?

AGNCP and IALT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.